文章核心观点 - 诺斯罗普·格鲁曼公司因B - 21隐形轰炸机生产成本相关问题致第四季度亏损，股价周四下跌6%，且可能面临成本超支情况，但公司对未来前景仍有信心 [1][2][6] 公司业绩情况 - 第四季度亏损5.35亿美元，合每股亏损3.54美元，去年同期盈利20.8亿美元，合每股盈利13.46美元 [4] - 第四季度包含与B - 21隐形轰炸机初始生产阶段相关成本15.6亿美元，合每股7.72美元 [5] - 第四季度因养老金计划按市值计价损失计提费用3.16亿美元，合每股2.09美元 [9] - 剔除这些费用后，每股收益应为6.25美元，分析师预期为每股5.80美元 [10] - 销售额增长6%至106亿美元，高于FactSet普遍预期的104.3亿美元 [11] 公司前景预期 - 2024年预计销售额在408亿至412亿美元之间，分析师目前预计公司将实现销售额411亿美元 [12] - 调整后每股收益预计在24.45美元至24.85美元之间，高于分析师预期的24.28美元 [13] 行业情况 - 诺斯罗普等国防承包商面临成本上升，且从美国政府获得通胀补偿的可能性降低 [3] 分析师观点 - 垂直研究伙伴公司分析师称诺斯罗普为B - 21项目“计提了巨额费用”，虽此前表示该项目低速率初始生产阶段不指望盈利，但一开始就计提15亿美元费用不佳，且担心后续合同执行中还会出现成本超支 [7][8]

IBM股价表现 - IBM的股价在好消息的刺激下上涨了11.2%，达到了192.68美元，创下了自2000年7月20日以来的最大涨幅[2] 分析师观点 - BofA分析师将IBM的股票目标价提高至200美元，认为IBM拥有防御性投资组合、吸引人的股息收益率和被低估的AI投资组合[3] - Evercore ISI分析师也将IBM的股票目标价从200美元提高至215美元，认为IBM是一个被低估的AI受益者[4] AI潜力 - IBM在过去一年里，AI技术的潜力被投资者忽视，但分析师认为其AI领域的潜力被低估[1]

公司动态 - Hertz Global Holdings Inc 的股票评级被 J P Morgan 分析师 Ryan Brinkman 从增持下调至中性 目标价从 17 美元下调 35%至 11 美元 [3] - Deutsche Bank 的 Chris Woronka 也将 Hertz 的股票评级从买入下调至持有 同时将竞争对手 Avis 的股票评级从持有上调至买入 [10][12] 股票表现 - Hertz 的股票在周四下午交易中上涨 2 4% 但在过去三个月下跌了 14% 而竞争对手 Avis Budget Group Inc 的股票上涨了 2 7% 标普 500 指数上涨了 16 7% [4] - 在 FactSet 调查的八位分析师中 只有一位对 Hertz 持看涨态度 其余七位持中性态度 而在 11 月底还有四位看涨分析师 [15] 电动汽车战略影响 - Hertz 大幅削减其电动汽车车队规模 原因是需求疲软和损坏维修费用高昂 [2] - 公司从 2021 年 10 月宣布购买 10 万辆特斯拉电动汽车开始 大规模引入电动汽车的战略“表现非常糟糕” [6] - 与特斯拉的关联预计给 Hertz 造成“远超过”5 亿美元的损失 主要原因是特斯拉新车大幅折扣导致二手车价值下降超出预期 以及特斯拉无法或不愿提供足够的碰撞替换零件 导致车辆利用率降低和维修成本增加 [7] - 分析师认为 尽管 Hertz 无法预见特斯拉的降价 但决定从单一品牌购买占当时车队约五分之一的 10 万辆汽车 使公司面临此类风险 [8] - 特斯拉在服务零售客户方面的已有问题和缺乏服务商业车队的经验 本应让 Hertz 预见到“零件和服务方面的麻烦” [9] 财务预期 - 分析师预计 Hertz 在 2024 年不会实现盈利增长 也不会产生正的自由现金流 因此利用较低股价进行股票回购的潜力很小 [5] - Deutsche Bank 分析师认为 Hertz 在电动汽车战略上的转变让投资者对其真实盈利能力缺乏信心 而 Avis 被视为“稳定运营商” 有相对清晰的路径实现至少符合当前预期的盈利 [14]

The Federal Trade Commission said Thursday it will look closely at the generative-artificial-intelligence investments and partnerships of Alphabet Inc. GOOGL, +1.74% GOOG, +1.80%, Amazon.com, Inc. AMZN, +0.27%, Anthropic PBC, Microsoft Corp. MSFT, +0.66% and OpenAI Inc. Microsoft owns 49% of OpenAI, while Alphabet has invested in Anthropic. “History shows that new technologies can create new markets and healthy competition. As companies race to develop and monetize AI, we must guard against tactics that ...

PayPal Holdings Inc. Chief Executive Alex Chriss says the problems with checkout that the online-payments pioneer set to solve years ago have “really been solved” now. It’s easy to pay with a credit card on the web, and the company faces plenty of competition in the digital-wallet world, including from Apple Inc.’s AAPL, +0.62% Apple Pay, which has been gaining steam lately. Competitive fears have weighed lately on shares of PayPal PYPL, -4.28%, which are off some 80% from their all-time high set in July 20 ...

Netflix Inc. has been firing on all cylinders, but analysts see little upside for the stock from here. That sets the stage for a screen of media companies, to see which ones are favored by analysts and which are expected to increase sales and profits most rapidly over the next two years.Shares of Netflix Inc. NFLX rose 11% on Wednesday, following the video-streaming pioneer’s report late Tuesday of a spike in quarterly profits from a year earlier, as revenue rose 12.5%. That last figure showed the effect of ...

Intel Corp.’s upcoming earnings report is expected to be a busy one as the chip maker discusses trends in the personal-computing and data-center markets, as well as the budding opportunity in artificial intelligence. The results, due out Thursday after the closing bell, come as Intel’s stock INTC, +1.11% has enjoyed a sharp 50%-plus move higher since the company last presented its numbers to Wall Street. Read: Missed the boat on AMD’s stock surge? Why this analyst says you’re not too late. That rally “has r ...

Microsoft Corp. is cutting 1,900 workers in its gaming business, according to a report, making it the latest tech company to conduct videogame-related layoffs.Microsoft MSFT, +0.81% gaming CEO Phil Spencer told employees that the cuts aim to reduce “areas of overlap” following the tech giant’s acquisition of Activision Blizzard last year, CNBC reported, citing a memo sent Thursday. In the memo, Spencer said that people impacted by the reductions have played “an important part” in the success of the Activisi ...

谷歌股价表现 - Alphabet Inc.的股价正朝着历史最高点走势[1] - Alphabet的股价在2024年初表现强劲，市值达到了1.923万亿美元，首次超过1.9万亿美元的门槛[2] - 谷歌在过去12个月中股价上涨了57%，远高于标普500指数的20.5%涨幅[3]

特斯拉公司展望 - 特斯拉在降价和缩减交付目标的同时，引发了一些投资者的担忧[1] - 特斯拉管理层在财报电话会议中未能给出关于价格下调、利润结构和需求波动等具体指导[3] - Ives认为特斯拉未来道路上缺乏清晰性，将股票的目标价从350美元下调至315美元[5] - Ben Kallo认为特斯拉的展望虽然模糊，但给了公司足够的空间来实现今年的预期[6] - Sacconaghi更加谨慎，认为特斯拉未来的增长和利润面临压力[8] - Sacconaghi给予特斯拉股票“表现不佳”的评级，并设定了150美元的目标价[10] 分析师观点 - Ives对特斯拉的短期前景感到动摇，但仍看好其作为长期投资的潜力[4] - Kallo维持了对特斯拉股票的“跑赢市场”评级和300美元的目标价[7] - Michael Kramer对特斯拉取消股东信中关于公司目标的50%年复合增长率的表述表示赞赏[12]